Oct 5, 2012 4:00pm PDT
has fluctuated during president obama's administration. you can see that sharp rise in the beginning when we were still in a recession. and then a gradual slow lowering over the last couple of years. the unemployment news comes as we get word that americans borrowed $18 billion more in august than the month before. much of that borrowing coming in the form of credit cards and student loans. wall street reaction somewhat mixed today. the dow gaining 35 and closing at its highest level in nearly five years on this friday. the nasdaq dropped 13. the s&p 500 was flat. right now, republic candidate for president, governor mitt romney is speaking at an event in st. petersburg, florida. we understand is he going to be touching on the economy. let's watch for just a moment. >> the participation of our adults in the workforce were the same as at the time that he got elected. our unemployment rate would be about 11%. people in this country are having a hard time finding a job. people in this country are having a hard time making ends meet even if they do have a job. so it's time to have someon
Oct 5, 2012 1:00pm PDT
. remember, this is the end of the bush administration, early obama administration, the economy was bleeding jobs. 800,000 jobs a month at one point. spurt a growth, back down again. this is what the president says, no, it's not as robust as i would like, but look at this. look at this. since 2010 the economy has been adding jobs including 114,000 in september. that's what the president would say. governor romney says that's not enough. and with less regulation, lower taxes, other pro-business incentives you could create more. last month, health care jobs up, transportation jobs up. this one, wolf, in a report largely encouraging for the president, this is a bit discouraging, manufacturing jobs are down. if you look at the history of manufacturing in the obama presidency, again, you have the huge drop early on and a bit of a recovery since. but manufacturing jobs are still down from the beginning of the obama presidency. let me walk back over to this map for a second. that does matter in places like, the battleground states as well as anyone, ohio's a battleground, iowa's a battleground, in
Oct 5, 2012 3:00am PDT
. >> it was obviously not safe to have him there and i think the state department and the obama administration really owes the american people a full, frank revelation of what they knew, when they knew it -- >> steve: before the election. >> before the election. >> gretchen: maybe it will come up in the next debate when they talk about foreign affairs. >> it should and i'm positive that mitt romney will be extremely prepared and will take it to the president, what did you know on tuesday? what did you know on wednesday or thursday? >> brian: also the town hall format. i think it works for the president. >> steve: okay. foreign affairs, i'm sure you've had a couple, geraldo. >> gretchen: whoa! that was not on the card either! that was in the book, not on the card. see you later. al gore knows exactly why the president got battered by mitt romney. did you hear this one? >> when you go to 5,000 feet -- >> exactly -- and you only have a few hours to adjust did she. >> gretchen: altitude? >> steve: the most awesome story you'll hear all day, a dog slips out of his house, starts running. where does he go?
Oct 5, 2012 7:00am PDT
in benghazi, one of the big questions is, did the obama administration recognize the deteriorating security situation in libya? and did they do everything that they could to protect diplomatic personnel in that country? abc news has obtained this internal e-mail from the state department in may suggesting that a request by a security support team, about 16 special forces soldiers, to keep a small airplane, a dc-3 in that country to get around more easily, especially with all their weapons, was rejected, elizabeth. >> how is the state department reacted to whether or not proper security and teams were given to the teams in libya? >> reporter: the state department says this is not a big deal. commercial flights were available at the time. and they say that there's no evidence that the absence of this airplane had any effect on what happened in september. but republicans on the hill, with the house oversight committee which will be holding hearings, says it's part of a pattern of officials in washington denying security requests from ambassador stevens and others in libya. >> very volatile, th